Quote:
Originally Posted by joeapple8
I just started working on my 401k this year, I've managed to put away 3k and it's earning 8.25% barely beating inflation but i'm still learning, I want to make a big purchase in some utilities once I sell one of my cars, use the dividends on that to buy some apple or google stocks.
I'd really like to learn more on strategies and what not.
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Inflation is only at ~1.7% right now, so you're seeing a real rate of return of 6.55%
Unless you're invested in risky holdings, that's not a bad short-term return.
11-24-2014, 05:28 PM
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